FansUnite Entertainment Inc. applies for two UK gambling licenses

FansUnite Entertainment Inc. applies for two UK gambling licenses

FansUnite Entertainment Inc. is all set to enter the UK gaming arena after its subsidiaries, Askott Entertainment (Malta) Limited and E.G.G. Ltd, applied for both business-to-customers (B2C) and business-to-business (B2B) licenses, respectively.

New players in UK’s online casino space

Pending approval by the UK Gambling Commission, FansUnite’s venture into the United Kingdom’s casino and sports betting market only shows the group’s commitment to expanding its footprint in other regulated markets.

The Gambling ACT of 2005 gives the U.K Gambling Commission vested powers to regulate commercial gambling in Great Britain in partnership with licensing authorities.

FansUnite’s application for two specific licenses meshes up well with its plan of catering services to operators and customers in the region. First, the group has applied for remote gambling software licenses that would unlock its portfolio of betting products to casinos in the United Kingdom.

Second, its subsidiary EGG Ltd. has applied for a remote betting license, allowing the firm to establish B2C wagering platforms in the particular gaming market.

Scott Burton, Chief Executive Officer of FansUnite, commented on the company’s application for the two licenses.

“The U.K. gambling licenses are widely regarded as the gold standard for lawful gaming operations and we are pleased to have formally submitted our application with the commission.”

“The first step to our expansion in the U.K. is to obtain the relevant licenses from the country’s Gambling Commission, which will allow us to license our betting solutions as well as operate our B2C betting platforms in the United Kingdom. By doing so, we will be in a position to advance our operations to capture market share in one of the most lucrative online betting markets in the world.”

More about FansUnite Entertainment

FansUnite is a sports and entertainment company, whose business focuses on technology related to regulated and lawful sports betting and other related products. The company aims to become an iGaming leader by providing its partners and players versatile and vertical integrated platforms with a unique suite of products. Its business focuses on esports, sports betting, casino, and the next generation of bettors.

In August last year, FansUnited closed its acquisition of Askott Entertainment Inc., creating one of the leading iGaming companies in Canada.

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.